Global X Japan listed 2 thematic ETFs on the TSE
Global X Japan Co. Ltd. (President: Kang Sungho) announced that the following two ETFs were listed on the Tokyo Stock Exchange on June 24: Global X Japan Tech Top 20 ETF (2854), Global X Green J-REIT ETF (2855).
The Global X Japan Tech Top 20 ETF aims to track FactSet Japan New Growth Infrastructure Index. The index is composed of 20 stocks in total, including the top three stocks by market capitalization in six technology-related sub-themes (robotics, semiconductor, hardware and electronics, contents/ platforms, e-commerce, and cloud) selected from FactSet's extensive and sophisticated database, as well as the second-ranked stocks by market capitalization among other candidate stocks. The index is designed to become a representative tech-related index for Japan, like NASDAQ 100 Index in the U.S.
The Global X Green J-REIT ETF aims to track Solactive Japan Green J-REIT Index. The index is weighted by rules determined by Solactive after the screening of about 60 J-REIT based on certified green building area criteria. The green buildings are expected to play an important role in addressing climate change in the future.
Kang Sungho, President of Global X Japan Co. Ltd. said, " Compared to the large shift from mutual funds to ETFs in the U.S., we believe that ETFs are not yet well recognized among investors and market participants in Japan. In addition to thematic ETFs, Global X Japan aims to provide innovative ETFs with more added value based on new indices incorporating ESG factors, which have been attracting attention recently. We will continue to pursue ways in which our ETFs can make a significant contribution to our clients' fund management."
| Stock name | Global X Japan Tech Top 20 ETF | Global X Green J-REIT ETF |
| Stock code | 2854 | 2855 |
| Target index | FactSet Japan Tech Top 20 Index | Solactive Japan Green J-REIT Index |
| Distribution frequency | Semi-annually | 6 times a year |
| Fund overview | ETFs are aimed at linking them to FactSet Japan Tech Top 20 Index. The index consists of 20 Japanese technology-related companies. | ETFs are aimed at linking them to Solactive Japan Green J-REIT Index. The index is composed of REITs listed in Japan that invest in environmentally friendly properties. |
| Operational management expenses (Trust fees) | 0.3025% per annum (0.275% excluding tax) or less of total net assets Breakdown: 0.275% for settlor company (0.25% excluding tax), and 0.0275% for trustee company (0.025% excluding tax) Within 55.0% (50.0% excluding tax) of premium of securities lending transactions |
0.209% per annum (0.19% excluding tax) or less of total net assets Breakdown: 0.1815% for settlor company (0.165% excluding tax), and 0.0275% for trustee company (0.025% excluding tax) Within 55.0% (50.0% excluding tax) of profits from securities lending transactions for real estate investment trusts |